41 mln Americans to travel more than 50 miles this Thanksgiving

AAA says 41 mln Americans were expected to travel more than 50 miles for the holiday, down about 1.5% or 600,000 people from Thanksgiving 2007. Of those, about 4.5 mln are expected to fly, down about 7% from 2007, while around 33.2 mln will drive, a decrease of about 1%. It is the first decrease in holiday travel nationally since 2002, and the largest since the Thanksgiving that followed the terror attacks on September 11, 2001.

Why people switch credit cards

Reason Percent of Respondents
Lower APR/interest rates 52%
Better rewards/features 38%
Existing banking or other credit card relationhips 3%
Better customer service offered elsewhere 3%
Benefits for holding multiple accounts/cards 2%
Better account management features 2%
Source: comScore

UK population to reach 77 mln in 2060

UK population is expected to increase from its current figure of 61 mln to almost 77 mln in 2060 – a rise of 25%. This would make it the largest population in the EU, ahead of the projections for France (72 mln) and Germany (71 mln). Eurostat predicts the EU population will be 506 mln in 2060, up from 495 mln in 2008. It is expected to peak at 521 mln in 2035 but then decline.

Average American tips 19% at a restaurant

Although 75% of surveyors cite poor service as their main complaint, Philadelphians are the most generous tippers in the nation, leaving 19.6% versus the countrywide average of 19.0%. In comparison, diners in New York City tip the average 19.0% and in Los Angeles they tip 18.4%, Zagat found.

45.7 mln Americans uninsured in 2007

The US Census Bureau released a report that estimates that 45.7 mln Americans were uninsured in 2007 compared to 47 mln in 2006. The US Census report found that more people were covered by government health insurance programs – increasing from 27% in 2006 to 27.8% in 2007. During this period, the number of people covered by government health insurance increased to 83 mln up from 80.3 mln in 2006. At the same time, the share of people covered by employer-sponsored health insurance coverage decreased to 59.3% in 2007 from 59.7% in 2006.